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China’s state planner NDRC approves fixed asset projects worth 9 bn yuan in October | Forexlive

China’s state planner, the National Development and Reform Commission of the People’s Republic of China (NDRC), approves fixed asset projects worth 9
billion yuan in October

  • 97 projects worth 1.4 trillion yuan YTD
  • Policies to stabilise growth will take effect mostly in Q4
  • will actively expand effective investment
  • will speed up recovery of consumption in key sectors